Introduction:
A leading lubricant stock posted a 41.8% YoY rise in Q3 FY25 total income to ₹731.81 crore, while net profit grew 17.3% to ₹48.50 crore, driven by revenue growth and controlled expenses, ensuring strong profitability..
Share Price movement of Panama Petrochem:
On January 31, 2025, Panama Petrochem Ltd‘s stock opened at ₹351.05 and surged 5.05% to close at ₹369.20. It hit an intraday high of ₹377.00 and a low of ₹343.95. Currently the stock is trading at ₹369.20. The stock’s market cap stood at ₹2,233.42 crore.
Panama Petrochem Q3 Results:
Panama Petrochem Limited reported a 41.8% YoY increase in total income for Q3 FY25, reaching ₹731.81 crore compared to ₹514.09 crore in Q3 FY24. Revenue from operations surged to ₹727.97 crore, reflecting strong business momentum. Other income also grew to ₹3.84 crore from ₹2.26 crore.
Total expenses increased to ₹672.84 crore, up from ₹462.27 crore in Q3 FY24, driven by higher raw material costs at ₹575.67 crore. Employee benefits rose slightly to ₹4.75 crore, while finance costs remained stable at ₹4.23 crore. Depreciation expenses stood at ₹3.63 crore, indicating stable asset utilization.
Profit before tax rose 13.8% YoY to ₹58.97 crore from ₹51.82 crore, driven by strong revenue growth. However, total tax expenses remained stable at ₹10.47 crore. The company’s net profit for the quarter stood at ₹48.50 crore, up from ₹41.36 crore in Q3 FY24, reflecting solid profitability.
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Recent news About Panama Petrochem :
November 12, 2024 – Panama Petrochem reported a 2.09% YoY decline in standalone net sales for September 2024 at ₹445.38 crore. Net profit fell 24.24% YoY to ₹25.01 crore, while EBITDA declined 18.98% YoY to ₹40.56 crore, reflecting margin pressures.
Ace investor holding of Panama Petrochem:
Anil Kumar Goel’s Holding in Panama Petrochem Ltd.
Ace investor Anil Kumar Goel holds 7,30,000 shares in Panama Petrochem Ltd., representing a 1.21% stake. His holdings are valued at ₹26.9 crore at a current price of ₹369 per share. There has been no change in his holdings from the previous quarter.
Ramesh Damani’s Holding in Panama Petrochem Ltd.
Renowned investor Ramesh Damani holds 6,78,456 shares in Panama Petrochem Ltd., accounting for a 1.12% stake. His total investment is valued at ₹25 crore at a share price of ₹369. His holdings remain unchanged from the previous quarter, signaling continued confidence in the company.
Stock performance of Panama Petrochem for Period of 1 week, 6 months and 1 year:
Panama Petrochem’s stock gained 4.71% in the past week. However, over the last six months, it declined 12.5%, indicating mid-term challenges. Despite this, the stock maintained a 2.82% growth over the past year, showcasing long-term resilience in market performance.
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Shareholding pattern of Panama Petrochem:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 61.94 | 61.94 | 61.94 |
| FII | 15.77 | 14.71 | 14.88 |
| DII | 0.05 | 0.06 | 0.38 |
| Retail & others | 22.24 | 23.28 | 22.8 |
About Panama Petrochem:
Panama Petrochem Limited, established in 1982, is a leading manufacturer and exporter of petroleum-based specialty oils and lubricants. The company serves diverse industries, including automotive, textiles, rubber, and pharmaceuticals, with a strong domestic and international market presence.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
